[jazusamo]

Atta boy Levin, sic the IRS on them because it seems the RATS have a habit of that. If Caterpillar is following the law you don't have a leg to stand on.

[Castigar]

If it was legal then GOOD FOR CAT!

[eyeamok]

What Sen Levin really means is:

Look here, we passed these complicated laws for ourselves and our close friends, how dare you use the same law to shelter your income. I know just because us folks in the Ruling Class have been doing it forever(see Kennedy Trust) doesn’t mean it was meant for everyone, and we Don’t Like it.

[txrefugee]

What the heck has the federal government done to make Caterpillar successful???

They did nothing illegal, just smart, in avoiding the ridiculous taxes levied by the Socialists in D. C. and IL.

[Chode]

and how many tax accountants does that scumbag Levin employ to lower HIS tax burden??? feh...

[MaxMax]

Obama trying to get even for Obama's lie about Caterpillar and jobs?
Those bastard Libs should never be given a Job since they hate Capitalism to much.
I recommend All companies fire every Lib on their payroll. Pronto.

[factoryrat]

With no thanks to levin, expect caterpillar to close up shop in the US in the near future. The industrial decline in the US, and loss of heavy manufacturing here in the US is the last nail in the coffin for a company like caterpillar. The US is in its post industrial decline, being replaced by the downward spiral service and financial industries. When you get to the point where your country only trades haircuts and hamburgers for worthless paper, you’re basically screwed. Enjoy the ride down.

[unixfox]

Anytime a company can avoid paying more taxes to an over bloated POS government like ours is a good thing.

Rue the day!

[Hoodat]

I am amazed at the magnitude of Carl Levin’s greed.

[pierrem15]

If the US adopted a sane corporate tax structure like other countries, hundreds of billions of dollars in capital might be repatriated.

But they certainly will not be when they face a 40% tax.

BTW my boss met a millionaire Swiss businessman recently: his total tax burden (without any special breaks) is 18%.

[Some Fat Guy in L.A.]

Are they within the law? If so, pee up a rope, Carl.

[Timocrat]

Well done Caterpillar. The company does not exist for the benefit of the Government, it’s owned and exists for the benefit of its shareholders. Typical B.S. from the party whose leader believes “you didn’t build that”

[aposiopetic]

Arizona Sen. John McCain, the top Republican on Levin’s panel, has co-signed on to many of Levin’s past findings, but he did not endorse the Caterpillar report.

Follow the money.

[2111USMC]

Hey Levin, IT'S THEIR MONEY!

[the_daug]

Tax avoidance is good stewardship and not illegal.

[Rock N Jones]

Carl Levin is a disgrace. He wrote letters to IRS to deny tax exempt status telling IRS to to target Tea Party organizations. Now he is parading Caterpillar in front of Committee on Homeland Security and Governmental Affairs accusing Caterpillar of avoiding billions in taxes yet he has the gall to say that Caterpillar is not breaking any laws. Dear Carl, if Caterpillar is not breaking any laws then they are not avoiding taxes. If you want to change the law, then change it! Quit singling out and slandering individual taxpayes, like Apple and Caterpillar.

“The report raises questions about the validity of the tax strategy but doesn’t accuse the Peoria, Ill.-based manufacturer of breaking the law.

“We don’t reach those kinds of judgments,” Levin said. “The question is, ‘Is it tolerable?’ And I don’t think it is.”
http://www.dailyfinance.com/2014/04/01/caterpillar-avoided-billions-taxes-senator-carl-levin-says/

[dfwgator]

How many millions in taxes do their pals in Hollywood avoid?

You’ll never hear a Democrat talk about that.